### Hawkins Way Capital Acquires and Rebrands Newark Student Housing
Beverly Hills-based **Hawkins Way Capital**, a vertically integrated real estate firm managing $3 billion in assets, has acquired the **University Centre Newark**, a 521-bedroom student housing property in Newark, NJ, for an undisclosed amount. The property will be rebranded as **FOUND Study Newark at University Centre**, marking the first **FOUND Study** location in New Jersey. Plans are in place to expand its capacity from 690 to 800 beds, serving students from **Rutgers University-Newark, the New Jersey Institute of Technology**, and **Seton Hall University**.
Located in Newark’s **University Heights** neighborhood, the rebranded property will be managed by **FCL Management**, an operator specializing in hospitality and housing assets across major U.S. metropolitan areas.
**Ross Walker, managing partner at Hawkins Way Capital**, emphasized the company’s dedication to enhancing student living. “The acquisition of University Centre reflects our commitment to providing well-designed, amenity-rich housing,” he said. “Situated in a thriving neighborhood, this school-adjacent property offers an environment that blends comfort, community, and convenience.”
